a) ‘Culture is a collective phenomenon that is shared with people who live within the same social environment, which is where it was learned. It is the collective programming of the mind which distinguishes the members of one group or category of people from another.’ Hofstede 1997. Using the five dimensions of cultural norms discuss how cultures differ from each other. (2.5 marks)
ANSWER a): ** answer box will enlarge as you enter your response
b) Institutions and resources play a key role in a firm’s success. Use the resource and institution-based views to briefly explain why nations trade. ANSWER b):
c) Corporate Social Responsibility requires that multinational enterprises consider and respond to issues beyond the narrow economic, technical, and legal requirements of the firm to accomplish social benefits. Answer the questions below.
i. What do you understand by the term ‘Triple Bottom Line’? ii. Assume you are the manager of a multinational enterprise subsidiary in Nepal. Examine the recommendations you would adopt for your firm to comply with the Corporate Social Responsibility requirements. (3.5 marks)
ANSWER c):
Answers
a) Cultures differ from each other based on dimensions such as power distance, individualism vs collectivism, masculinity vs femininity, uncertainty avoidance, and long-term vs short-term orientation. b) Nations trade due to the resource-based view (RBV) emphasizing firm-specific resources and the institution-based view (IBV) focusing on the role of institutions. c) i) The Triple Bottom Line refers to firms measuring performance in economic, environmental, and social aspects. ii) Compliance with Corporate Social Responsibility includes implementing sustainability practices,
a) The five dimensions of cultural norms are as follows: Power distance: It refers to the extent to which less influential members of a society agree and expect that power is unevenly distributed. Individualism vs collectivism: It reflects the degree to which a society values individual or group interests. Masculinity vs femininity: It represents the extent to which a society values masculine or feminine characteristics in social interactions and roles. Uncertainty avoidance: It measures the degree to which members of a society are prepared to cope with ambiguity and uncertainty.
Long-term orientation vs short-term orientation: It measures the degree to which a society emphasizes long-term planning and values such as perseverance, thrift, and societal responsibility or short-term thinking and respect for tradition.
b)The resource-based view (RBV) and institution-based view (IBV) are two complementary approaches to explain why nations trade. The RBV emphasizes that firm-specific resources, such as knowledge, technology, and managerial expertise, are essential to achieve a competitive advantage in the international marketplace.
Firms invest in foreign markets to acquire resources that they lack domestically. The IBV, on the other hand, focuses on the role of institutions in shaping the trade behavior of firms. Institutions are formal and informal rules that define the way business is conducted in a particular society.
c)i. The Triple Bottom Line refers to the idea that firms should measure their performance based on three metrics: economic, environmental, and social. It implies that companies should not only be concerned with financial gains but also with the impact of their operations on the environment and society. ii. As a manager of a multinational enterprise subsidiary in Nepal, I would recommend the following strategies to comply with Corporate Social Responsibility requirements: Implementing environmental sustainability practices, such as reducing greenhouse gas emissions, managing waste, and conserving resources.
Improving working conditions and safety for employees and suppliers. Establishing partnerships with local communities and contributing to their development by supporting education, health, and social welfare programs. Ensuring transparency and accountability in business operations and reporting on the company's social and environmental impact.
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Related Questions
2. What do you think Alana's goals should be?
Answers
I think Alana's goal should be to create a budget that will make her save enough money to pay for all expenses.
What's plutocrat? Plutocrat is any item or empirical record that's generally accepted as payment for goods and services and prepayment of debts, similar as levies, in a particular country or socio- profitable environment.The primary functions which distinguish plutocrat are as a medium of exchange, a unit of account, a store of value and occasionally, a standard of remitted payment. What's significance of plutocrat? Plutocrat can not buy happiness, but it can buy security and safety for you and your loved bones. Mortal beings need plutocrat to pay for all the effects that make your life possible, similar as sanctum, food, healthcare bills, and a good educationLearn more about money here:
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A company purchases a piece of equipment for $50,000. The company
estimates a useful life of 10 years and a salvage value of $5,000. Using
straight-line depreciation, what is the depreciation expense each year?
A. $5,000
B. $4,500
C. $5,500
D. $4,000
Answers
Using straight-line depreciation, the depreciation expense each year is $4,500. Hence the correct answer is option B.
To calculate the depreciation expense each year using straight-line depreciation, we need to subtract the salvage value from the initial cost and divide it by the useful life of the equipment.
Depreciation Expense = (Initial Cost - Salvage Value) / Useful Life
In this case, the initial cost is $50,000, the salvage value is $5,000, and the useful life is 10 years.
Depreciation Expense = ($50,000 - $5,000) / 10
Depreciation Expense = $45,000 / 10
Depreciation Expense = $4,500
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what is our role in taking care of earth? *idk how to start a sentence*
Answers
Answer:
Our earth is a nice place and to keep it nice we need to do these things: and so on
Levels of agriculture?
Answers
Answer:
Helloooo
the steps are :-
Soil preparationmanuringirrigationweedingharvestingstoringExplanation:
thanks hope it helps
in 2021, the fixed costs of a company were $500,000, and its variable costs equaled $150,000. in 2020, the company made an annual profit of $200,000. it has been predicted that, despite a steady growth, the company's variable costs will likely equal $300,000 by 2023. the total costs of the company in 2021 were
Answers
A company's fixed costs in 2021 were $500,000, but its variable costs came to $150,000. The business generated a $200,000 annual profit in 2020.
Briefing:-It has been estimated that the company's variable costs will probably reach $300,000 by 2023, despite sustained expansion. In 2021, the corporation spent $650,000 in total.
What are the components of variable costs?Any costs that fluctuate according to how much a business produces and sells are referred to as variable costs. Accordingly, variable costs grow when production is higher and decline when production is lower. Labor, utility prices, commissions, and raw materials are a few of the most typical categories of variable costs.
How can you determine a business' variable costs?Calculation of Variable Costs In order to determine variable costs, multiply the price of producing one unit of your product by the overall number of goods you have produced. The following is the formula: Cost per Unit x Total Units = Total Variable Costs.
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What is the maximum capital loss that you can incur if you bought 200 shares of tp inc. for $32?
Answers
$6,400 is the maximum capital loss that you can incur if you bought 200 shares of tp inc. for $32
What is shares?A share is a financial market unit used in mutual funds, limited partnerships, and real estate investment trusts. The term "share capital" refers to all of an enterprise's shares. A shareholder of the corporation is someone who owns stock in the company.
A share is a type of ownership unit that represents an equal amount of a company's capital. A share entitles the shareholder to an equal claim on the company's profits and losses. There are two types of shares: equity shares and preference shares.
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When faced with needing additional money during college, which option is NOT true?
Taking on a job can cut into study time.
Paying with credit cards can end up costing more money.
Paying with additional loans can lead to connections and opportunities.
Taking on a job can make connections that lead to opportunities.
Answers
Answer:
c
Explanation:
Additional loan incurs more debt doesn't lead to opportunities or connections
the international organization for standardization (iso) built its quality certification iso 9000 on which core principles?
Answers
The international organization for standardization (iso) built its quality certification iso 9000 on Evidence-based decision-making.
The ISO 9000 requirements are based on three fundamental ideas: processes affecting the first-class of products and services have to be documented; information on critical selections and related information ought to be archived; and when those first two steps are complied with, the services or products will experience persevering with development.
Engagement of human beings is one in every of ISO 9001's maximum vital ideas.
Engagement allows personnel to be extra empowered, ready, reliable, and higher in a position that will help you gain your quality objectives and meet patron desires.
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Sometimes events on Salesforce need to be handled by an external system due to the scale or type of process being executed. Consider the use case of a user in Salesforce needing to get pricing for an order they are building in Salesforce while on the phone with a customer. The pricing logic already exists in a third-party system. Instead of creating this logic in Salesforce, it will be leveraged by making a request of the third-party system. The response, in this case the pricing, will be returned and stored back in Salesforce. What is the optimal solution
Answers
Answer:
A trigger that upon saving
customer order, will make a real time callout saving the pricing back in Salesforce
Explanation:
Salesforce a software that is used to organise customer interactions in such a way that transactions between the company and customer is effectively managed by the software.
In the given scenario pricing needs to be handled by an external system. The response will be returned and stored back in Salesforce.
Instead of doing this manually the best solution will be to have an trigger that starts a real-time callout, saving the pricing back in the salesforce.
An trigger allows one to perform customised actions before or after an event. The action can be an update or deletion.
40. Exports have the same effect on the current size of GDP as:
imports.
investment.
taxes.
saving.
Answers
Exports have the same effect on the current size of GDP as imports. When we talk about the impact of exports and imports on the GDP, it is considered a critical factor in determining a country's GDP.
Exports: Export is the value of goods or services produced in a nation and sold outside of its borders. It is included in the calculation of GDP as it is a component of aggregate spending. The increase in exports is considered as an increase in GDP.
Imports: Import is the value of goods or services produced outside a nation and purchased by domestic consumers. While imports are subtracted from the calculation of GDP as it is a component of aggregate spending, an increase in imports will cause a decrease in GDP.
Investment: The investment is the production of new capital goods, and it is included in the calculation of GDP as a component of aggregate spending.
Taxes: Taxes are used by governments to provide public goods and services. They are not included in the calculation of GDP since it's not a transaction of goods or services.
Saving: Saving is income that is not used for immediate consumption, and it does not directly impact GDP as it does not involve the exchange of goods or services.
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The boss at your company wants a way to block certain websites from employees. as the sole it professional at the company, what can you set up to help with this request?
Answers
Explanation:
1. You can set up awards to people who heed to the request.
2. You can meet the owner of the websites to restrict certain people from the website and you can make a deal with them.
________leads to better quality and lower prices?
A. Scarcity
B. Competition
C. Monopolies
D. Studying macroeconomics
Please help!!
Answers
Answer:
a
Explanation:
because it makes sense in the sentence
Describe a hypothetical government budget that employs an expansionary policy.
Answers
Answer:
Expansionary fiscal policy involves strategy which includes tax cutting, rebates and increase spending.
Explanation:
The government budget will be modified to the tax cutting strategies to implement expansionary fiscal policies. This includes increase in spending so that less money is saved and the tax amount on the profit is minimum.
How should you dress for a phone interview? (Site 1)
online content
Answers
Answer:
You should at least have a nice top on because only the camera will see that. If you are a girl you could just wear a dress, probably a black one because that is what I wore to my interview yesterday because there is no pattern or anything it's just a plain black one, but that was in person. if you're a guy you need to wear a suit and tie,but you could probably just wear shorts because they won't see the bottom half of you
Explanation:
I hope this helps out a little bit :-)
An interview is a formal process by which an employee is assessed for his/her performance by the employer.
For a phone interview, one should be dressed properly as the interviewer can see you through the camera.
For a girl, you should be dressed nicely and no revealing or extra shiny clothes should be wore.
In the case of a man, one should be properly dressed in suits or formal shirts.
Try to wear dark black or blue coloured clothes and sit in a properly lighted area.
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Which government agency could possibly provide a loan of up to $5 million to a small U.S. business that needed a short-term loan to start an export business?
a. Internal Revenue Service b. U.S. Small Business Administration c. International Monetary Fund d. Inter-American Development Bank
Answers
The U.S. Small Business Administration (SBA) is the government agency that provides loans to small businesses, including short-term loan, and also to start an export business.
It provides different types of loans, such as, , SBA 7(a) loan program, which can provide loans up to $5 million to eligible small businesses. However, it's important to note that SBA loans are provided through participating lenders, not directly from the SBA itself. To qualify for this loan, the business should meet certain requirements, such as being a for-profit business, having a certain number of employees or revenue, and meeting SBA size standards for its industry. The SBA loan application process can be lengthy and require extensive documentation, but can be a valuable source of financing for small businesses.
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As a type of sales promotion, ______ take the form of advertising signs, which sometimes actually hold or display the product and are often located in high-traffic areas in stores. Multiple choice question. premiums point-of-purchase displays trade promotions product placement
Answers
Answer:
point-of-purchase displays
Explanation:
point-of-purchase displays
is this statement true or false? it is a good idea to look at various sources to find a reasonable price to offer for a car.
Answers
Yes ,it is a good idea to look at various sources to find a reasonable price to offer for a car . By doing so, buyers and sellers can get a better idea of the market value of the car .
When buying or selling a car, it is important to determine a reasonable price that reflects the car's condition, mileage, and other factors. One way to do this is to look at various sources to find a range of prices that the car is currently selling for in the market.
Some sources that can be used to determine a reasonable price for a car include online classifieds, car valuation websites, and local dealership listings. By looking at multiple sources, a buyer or seller can get a better idea of the market value of the car and make an informed decision about what price to offer or accept.
It is important to note that the condition of the car can greatly affect its value, so it is important to inspect the car thoroughly before making an offer or setting a price. Additionally, other factors such as the seller's urgency to sell or the buyer's budget can also influence the final price.
In conclusion, it is a good idea to look at various sources to find a reasonable price to offer for a car. By doing so, buyers and sellers can get a better idea of the market value of the car and make an informed decision about pricing. However, it is important to consider other factors that may affect the final price and to inspect the car thoroughly before making any decisions.
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3. Businesses not associated with the government are referred to as what type of jobs?
a. Public Sector
b. For Profit Sector
C. Private Sector
d. None of the above
Answers
Answer:
Private Sector
Explanation:
I'm fairly confident this is it, but I'm not too sure. Sorry to disappoint
What is one way that technology can improve the production of goods? Websites can allow consumers to purchase goods online. Container ships can transport a number of goods at once. Automation can create goods more cheaply and easily. Airlines can send goods from one place to another. WILL MARK BRAINLIEST
Answers
One way that technology can improve the production of goods is : ( C ) Automation can create goods more cheaply and easily
What is AutomationAutomation is the creation and application of technologies to the process of production and distribution of goods and services with minimal or no human intervention. Automation makes the creation of goods easier and with less cost.
Hence we can conclude that One way that technology can improve the production of goods is Automation can create goods more cheaply and easily.
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Which of the following parts of a business plan include the cash flow projection and profit and loss projection?
Answers
Business description and structure. This is where you explain why you're in business and what you're selling. ...
Market research and strategies. ...
Management and personnel. ...
Financial documents.
A waiter in an all-night restaurant at a dangerous location is likely to receive:
A. a wage with a compensating wage differential
B. a competitive market wage
C. a wage that equals returns to general training
D. a wage that equals returns to specific human capital
Answers
A waiter in an all-night restaurant at a dangerous location is likely to receive A) a wage with a compensating wage differential.
In a dangerous location, where there is a higher risk or hazards associated with the job, a waiter is likely to receive a wage with a compensating wage differential. A compensating wage differential is an additional amount of pay provided to individuals for taking on jobs with undesirable characteristics or risks.
In this case, the waiter is working in an all-night restaurant at a dangerous location, which exposes them to potential safety risks or adverse circumstances. To attract individuals to work in such conditions, employers typically offer higher wages to compensate for the additional risks involved.
The compensating wage differential serves as a form of compensation for the waiter's willingness to accept and endure the challenging working environment. It reflects the trade-off between the higher wage and the associated risks or discomforts.
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Is GDP a good measure of standard of living?
Answers
GDP per capita is the widely used indicator of a country's standard of living. The gross domestic product of a country divided by the population is this.
The total output of goods and services produced inside a nation's borders in a given year is referred to as the GDP. The information that GDP gives on the size and health of an economy can be used to explain its significance. Real GDP growth is frequently employed as a gauge of the state of the economy as a whole. Real GDP growth is generally considered a positive indicator of the health of the economy.
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According to this image :
1- What is the age range of the generation with the highest amount of household debt?
2-Which is the only generation to decrease its average debt from 2019 to 2020?
3-Compare the rate at which Gen Z’s debt increased from 2019 to 2020 compared to other generations.
With an increase of 67.2%, Gen Z’s debt increased at a much higher rate than other generations.
4-Calculate how long it would take for Gen Z’s average debt ($16,000) to reach Gen X’s level of average debt ($140,000) if it continued to increase at its current rate (67.2% per year).
5-Develop a logical argument why Gen Z’s debt is rising at such a high rate when the Silent Generation’s debt is decreasing.
I have to turn this worksheet today, So please ANYONE help me out please ASAP..
Answers
Answer:
1. Gen X 41-56years
2. Silent Gen reduced debt by 4.6%
3.Baby boomers increased by 0.3% from 2019 to 2020, they had the least increase in debt
Gen X followed with 3.5% increase from 2019 to 2020 while Millenials had 11.5% increase in debt between 2019 and 2022. Even though Gen Z debt increased by 67.2%, they still have the lowest debt overall into two years.
4.Gen Z average debt $16,000
Gen X average debt $ 140,000
In 5years, it will meet up with Gen Xs level of debt
5. The silent Gen are the elderly, mostly retired and no longer taking new loans while Gen Z is the younger generating, newly exploring the world, teenagers and students, young school leavers and new work force taking loans at the slightest offer. The silent age are no longer active, they are most been taken care of and won't be taking loan facilities for any purpose. Student loan, technology etc is available and most suitable for the age range of Gen Z, hence the difference in the loan dimension.
Use a template you find online to assist you in writing and developing a business plan. If you use the Internet as a resource, be sure and include the URL link. Remember to include each of these elements:
Executive Summary
Market Analysis
Business Description and Vision
Organization and Management
Marketing and Sales Strategy
Description of Products and Services
Financial Management
Answers
We must note that the example provides a general structure for a business plan template, so, we can customize it to fit the specific needs and requirements of a business.
An example of a business plan template:Executive Summary:
The executive summary provides a high-level overview of your business plan, including key highlights, objectives, and financial projections.Market Analysis:
This section analyzes your target market including its size, growth potential, competition and customer demographics.Business Description and Vision:
This section describe business mission, vision and values including information about your unique selling proposition and competitive advantage.Organization and Management:
This section focuses on your company's organizational structure, management team and key personnel.Marketing and Sales Strategy:Its shows marketing and sales strategies to reach your target market and include details about pricing, distribution channels, promotional activities etc.Read more about business plan
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( By the way, this is a question related to financial accounting.) International Investment Group is looking to invest $95,000 into a company. Where should International Investment Group look for relevant information about the company's performance? A. The company's Management Books B. The company's Tax Books C. The company's Budgets D. The company's Financial Books
Answers
Answer:
The correct option is;
The company's Financial Books
Explanation:
In order to effectively and clearly let interested parties access pertinent information about a company, financial books are kept which show the companies economic performance and its position related to financing. Information about a company can be located in financial statements including shareholders equity, cash flow statements, income statements and balance sheets.
Which person BEST exemplifies an entrepreneur? Mark is known as the profit maker in the firm where he is employed Mary embraces change and innovates to meet customer demands Maurice thinks about how t make money Monty is a top level manager in a successful company
Answers
Answer:
Mary
Explanation:
An entrepreneur is a person who has a creative and innovative vision to turn an idea into a profitable business. Therefore, when analyzing the profiles of the people above, Mary is considered to have a greater entrepreneurial profile, because in addition to being a person who thinks about creating profits or making money, she has the skills to be innovative and adapt to change, with the focus on meeting customer demands.
A successful entrepreneur needs to have the ability to adapt to a constantly changing market and consumer trends to always satisfy consumers and differentiate themselves from the competition.
Examples of key elements of the global segment of the general environment include which of the following
Answers
Examples of key elements of the global segment of the general environment include economic factors, Political and legal factors, Demographic factors, Natural and physical factors, Cultural factors, and Geographical factors.
- Economic factors such as exchange rates, inflation rates, and growth patterns of the global economy.
- Political and legal factors such as government regulations, trade agreements, and political stability.
- Technological factors such as advances in technology and the prevalence of the internet and social media.
- Demographic factors such as population growth, aging, and migration patterns.
- Natural and physical factors such as climate change, natural disasters, and access to natural resources.
- Cultural factors such as language, customs, and beliefs.
- Geographic factors such as regional economic integration and access to different markets.
It's worth noting that the global environment can have a significant impact on a business, and companies need to be aware of and adapt to changes in this segment of the general environment in order to be successful. Understanding these key elements can help a company to identify potential opportunities and threats and make strategic decisions accordingly.
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Hugh has experience as a firefighter and a degree in chemistry. What company might be interested in hiring Hugh?
A. A national district court looking for a video surveillance tech
B. a state agency looking for a fire inspector
C. a drug rehabilitation facility in need of a nurse
D. a city police force in need of a dispatcher
Answers
Answer:
B. a state agency looking for a fire inspector
Explanation:
Because he is a firefighter with a degree in chemistry and a fire inspector is the best fitting company to hire hugh.
Answer:
B, a state agency looking for a fire inspector!
how is a job search conducted
Answers
Help
Select the correct answer.
A farmer uses one pound of fertilizer to grow crops on his land. He decides to increase the amount of fertilizer added to the soil to three pounds to obtain a greater yield. The size of the garden and the amounts of seeds, water, and sunlight remain the same. The farmer keeps increasing the amount of fertilizer (to four, five, and six pounds, etc.), and continues to gain higher yields. However, since the other factors of production remain constant, the increase in crop yield is lower than the increase in a single factor of production (fertilizer). What is the term for this phenomenon?
A.
economic order quantity (EOQ)
B.
law of diminishing returns
C.
economy of scale
D.
labor productivity
E.
production control
Answers
Answer:
E
Explanation:
it most likely is production control